XPO Sells 710M Intermodal Unit to STG Focuses on LTL and Brokerage

XPO Sells 710M Intermodal Unit to STG Focuses on LTL and Brokerage

XPO Logistics is selling its intermodal business to STG Logistics for $710 million, aiming to focus on less-than-truckload (LTL) and truck brokerage, creating two more explosive public companies. This move simplifies the business model and enhances the capital structure, drawing on the experience of the GXO Logistics spin-off. The separation is expected to be completed by the end of the year, transforming XPO into a pure-play LTL operator. This strategic divestiture allows XPO to concentrate its resources and expertise on its core strengths.

02/11/2026 Logistics
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Free Excel Templates Streamline Inventory Management

Free Excel Templates Streamline Inventory Management

This article provides 6 practical inventory management Excel templates with built-in formulas and one-click chart generation. Covering functions like reconciliation, purchase planning, and inventory alerts, these templates can be directly applied to significantly improve management efficiency. They are suitable for small and medium-sized enterprises (SMEs) and individual business owners.

01/23/2026 Warehousing
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Maritime Shipping Guide for Hazardous Goods Declarations

Maritime Shipping Guide for Hazardous Goods Declarations

This article provides a detailed analysis of the maritime declaration process for dangerous goods sea freight exports. It clarifies the differences between cargo declaration and vessel declaration, outlines the specific steps of cargo declaration, emphasizes the importance of cut-off declaration for dangerous goods, and details the necessary documentation. Furthermore, it explains the connection between dangerous goods declaration and port customs clearance. The aim is to help businesses understand the critical aspects of dangerous goods sea freight exports, mitigate risks, and ensure the safe and compliant transportation of goods.

06/11/2024 Logistics Encyclopedia
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Chinas Freight Forwarding Sector Faces Challenges and Opportunities

Chinas Freight Forwarding Sector Faces Challenges and Opportunities

This article, based on the interactions of freight forwarder Lieyun on the Jiyun Baodian platform, analyzes the challenges currently facing the freight forwarding industry, including cut-off deadlines, fee transparency, special cargo handling, and policy changes. It also explores opportunities such as informatization, service innovation, and industry integration. The article proposes suggestions for strengthening information technology construction, standardizing operating procedures, and improving service levels, aiming to promote the healthy development of the freight forwarding industry. It emphasizes the need for adaptation and proactive solutions to navigate the evolving landscape.

08/22/2025 Logistics Encyclopedia
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